LONDON, Dec 28 (Reuters) - Uranium prices are expected to
outperform other commodities in 2016 and beyond as a global
climate change deal and growing demand from Asia bolster the
prospects of the nuclear industry.

The metal that powers nuclear reactors has been gradually
recovering from a sharp decline in the wake of Japan's Fukushima
disaster in 2011, and has gained this year as several other
commodities slumped due to oversupply and concerns about Chinese
economic growth and U.S. monetary tightening.

It is expected to climb further, according to analysts,
after governments forged a landmark agreement to reduce green
gas emissions at a global climate summit in Paris last month - a
move that supports nuclear power generation and in turn uranium.

Nuclear power stations currently provide around 11 percent
of the world's electricity but the share is likely to increase
as China and India expand their capabilities.
Continued...